TakeProfit logo CommunityPlatform

Honeywell International Inc. Update #2

HON went to the Target 2 of the purple XABCD but not as far as it could have - at first (perfect ABCD and Rebound of the Black Swan)...

..., as it did a smaller ABCD go to its Target 2 and straight towards the Rebound 1.67 of the Black Swan mentioned in my last Update.

Notice how it did the Stoprun before going lower?  

And yes, there's also another XABCD if you draw the X at Pattern Point B of the superordinate ABCD

Although there's still room for upside because of the superordinate purple Pattern, now's a good time to take partials imo.


mtc
hon
honeywell
swingtrading
mtc
hon
honeywell
swingtrading
Share icon

to activate earnings with sharing

Comments

No Comments yet image

No Comments yet

Publish your first comment to unleash the wisdom of crowds.